Putrajaya still looking at solutions for embattled Malaysia Airlines: PM Mahathir
The govt is still looking at solutions for troubled Malaysia Airlines, which is majority-owned by Khazanah Nasional, prime minister Mahathir Mohamad said Tuesday. “It’s not easy ... we have done a lot. The previous govt gave them US$1.4b and sacked 6,000 people, and in addition, reduced the number of flights. So, if you reduce the personnel and the number of flights, the ratio between personnel and the activities doesn’t change,” Mahathir said. The PM noted that there has been talk of some companies taking a stake in the national carrier. However, he said there were also some people who were sentimental and wanted to see the company owned entirely by Malaysians. “But, there is no Malaysian investor strong enough to take it up,” the PM explained. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-09-18/oneworld/putrajaya-still-looking-at-solutions-for-embattled-malaysia-airlines-pm-mahathir
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Putrajaya still looking at solutions for embattled Malaysia Airlines: PM Mahathir
The govt is still looking at solutions for troubled Malaysia Airlines, which is majority-owned by Khazanah Nasional, prime minister Mahathir Mohamad said Tuesday. “It’s not easy ... we have done a lot. The previous govt gave them US$1.4b and sacked 6,000 people, and in addition, reduced the number of flights. So, if you reduce the personnel and the number of flights, the ratio between personnel and the activities doesn’t change,” Mahathir said. The PM noted that there has been talk of some companies taking a stake in the national carrier. However, he said there were also some people who were sentimental and wanted to see the company owned entirely by Malaysians. “But, there is no Malaysian investor strong enough to take it up,” the PM explained. <br/>